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Structuralists Would Argue That the Current Low Price of Oil

Question 34

Multiple Choice

Structuralists would argue that the current low price of oil is a result of


A) an oversupply of oil and lower demand from consumers.
B) increased efforts by EDCs to produce more of their own oil.
C) manipulation of the market economy by oil produc­ers and capitalist consumers.
D) economic sanctions placed on oil-producing coun­tries by the United States.

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